Latest Business News
CBN Cracks Down on Fraud with N100,000 Daily Withdrawal Limit on PoS Terminals
The Central Bank of Nigeria (CBN) has imposed a daily withdrawal limit…
Nigeria’s FX turnover surges to N23.95tn
The total foreign exchange market turnover increased to $14.39 billion (N23.95 trillion)…
Sell Warri, Kaduna refineries to private firms – Marketers tell FG
PETROAN has urged the Nigerian government to sell the Warri and Kaduna…
CBN Slams ₦1.35bn Fine on Nine Banks for ATM Cash Scarcity
The Central Bank of Nigeria (CBN) has fined nine Deposit Money Banks…
“It’s No Longer Funny; Even Retail Outlet Owners Are Affected” – PETROAN Laments Petrol Price Hike
The recent hike in petrol prices has led to the resurgence of…
Naira Strengthens Against Dollar In Parallel, Official Markets
The Nigerian naira has appreciated significantly against the US dollar in both…
Nigeria, World Bank Collaborate on Capital Market Funding for Infrastructure
FG has begun discussions with the World Bank to explore funding options…
Naira Gains Against Dollar in Parallel Market Amid CBN Reforms
The Nigerian naira has gained against the US dollar in the parallel…
FG Calls for Cement Price Cut to N7,000
The Federal Government has urged cement manufacturers to lower prices to N7,000,…
Foreign Investors Withdraw N455.62bn from Nigerian Stock Market in 2024
Foreign investors withdrew N455.62bn from the Nigerian stock market in 2024, exceeding…